Truist Financial Corp (TFC)
NYSE · Common · CUSIP 89832Q109
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Security Profile

Security Type
Bank Holding Company
CUSIP
89832Q109 (prev. 054937107 )
Market Cap
Large Cap · $43 Billion
Previous Symbol
BBT (changed 12/6/2019)
Previous Name
BB&T Corp.
Business: Truist Financial Corporation is one of the nation’s largest financial services holding companies offering a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending and wealth management.
Notes: Nov. 19, 2019 -- BB&T Corporation (NYSE: BBT) and SunTrust Banks, Inc. (NYSE: STI) today announced receipt of regulatory approvals from the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation to complete the previously announced merger of equals and become Truist Financial Corporation. Upon completion of the merger, Truist will be the sixth largest U.S. commercial bank, serving approximately 10 million U.S. consumer households and a full range of business clients, with leading market share in many of the most attractive, high-growth markets in the country. BB&T and SunTrust expect to complete the merger on December 6, 2019, pending satisfaction of customary closing conditions. BB&T common shares will become Truist common shares and SunTrust common shareholders will receive 1.295 Truist common shares for each share of SunTrust common stock they own at the closing. Following the closing, Truist common shares will trade on the NYSE under the symbol "TFC" and depositary shares or preferred purchase securities representing interests in Truist Series F, G, H, I and J preferred shares will trade on the NYSE under the symbols "TFC-F," "TFC-G," "TFC-H," "TFC-I" and "TFC-J," respectively.

Company Contact

CEO
Kelly S. King
CFO
Daryl Bible
Headquarters
214 N. Tryon St. Charlotte, NC 28202
Phone
336-733-2000 · Toll-Free 800-226-5228
Fax
336-733-0118
Investor Relations
Ryan Richards · 980-465-5000 · investors@truist.com
SEC EDGAR Filings
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